Source: http://www.crazydaysandnights.net

Public records say one thing, but they don’t tell the whole story.

This oligarch was allowed to purchase a property for a tenth of its value by the mogul who contributed the remaining 90% himself to make it look like an almost full price transaction.

The mogul owes lots of favors to the person with lots of friends on the sanctions list.

David Geffen

David Geffen Quietly Sold His Apartment to a Russian Billionaire for $24.5M

The new owner is Russian billionaire Eugene Shvidler, a business partner and close pal of Roman Abramovich. Per public record, Shvidler doled out $24.5 million for the two-bedroom, 2.5-bathroom residence at 785 Fifth Avenue. Perhaps now, Shvidler won’t feel the need to park his yacht, Le Grand Bleu (it was a gift from Abramovich), in front of the Statue of Liberty anymore—that didn’t go over particularly well with anyone. – Source


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